City Office REIT, Inc. 4
4 · City Office REIT, Inc. · Filed Jul 18, 2016
Insider Transaction Report
Form 4
BELZBERG SAMUEL
Director10% Owner
Transactions
- Award
Common Stock
2016-07-14+701,594→ 884,074 total(indirect: Through Gibralt US, Inc.) - Other
Operating Partnership Units
2016-07-14−1,647,066→ 0 total(indirect: By Partnership)Exercise: $0.00→ Common Stock (1,647,066 underlying)
Holdings
- 207,491
Common Stock
Footnotes (3)
- [F1]On July 14, 2016, City Office REIT, Inc. (the "Company") received a redemption request from each of Second City General Partner II, L.P., GCC Amberglen L.P., Gibralt US, Inc. and CIO OP Limited Partnership (collectively, the "Second City Funds"), each a limited partner of City Office REIT Operating Partnership, L.P. (the "OP"), pursuant to which the Company issued shares of its common stock, par value $0.01 per share ("Common Stock"), to the Second City Funds in exchange for tendered units of partnership interest in the OP. The shares of Common Stock then held by each of the Second City Funds were subsequently distributed to its limited partners, including Gibralt US, Inc.
- [F2]The Reporting Person disclaims beneficial ownership of these securities as this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for the purposes of Section 16 or any other purpose.
- [F3]The OP Units are vested as of the date of issuance. The OP Units have no expiration date.